Yahoo 2011 Annual Report Download - page 80
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The Company takes into account the effect on consolidated net income per share of dilutive securities of entities
in which the Company holds equity interests that are accounted for using the equity method.
For 2009, 2010, and 2011, potentially dilutive securities representing approximately 122 million, 80 million, and
56 million shares of common stock, respectively, were excluded from the computation of diluted earnings per
share for these periods because their effect would have been anti-dilutive.
The following table sets forth the computation of basic and diluted net income per share (in thousands, except per
share amounts):
Years Ended December 31,
2009 2010 2011
Basic:
Numerator:
Net income attributable to Yahoo! Inc. ........................ $ 597,992 $1,231,663 $1,048,827
Less: Net income allocated to participating securities ......... (552) (178) (15)
Net income attributable to Yahoo! Inc. common
stockholders—basic ..................................... $ 597,440 $1,231,485 $1,048,812
Denominator:
Weighted average common shares ............................ 1,397,652 1,354,118 1,274,240
Net income attributable to Yahoo! Inc. common stockholders per
share—basic ........................................... $ 0.43 $ 0.91 $ 0.82
Diluted:
Numerator:
Net income attributable to Yahoo! Inc. ........................ $ 597,992 $1,231,663 $1,048,827
Less: Net income allocated to participating securities ......... (54) (94) (14)
Less: Effect of dilutive securities issued by equity investees . . . (343) (2,928) (2,698)
Net income attributable to Yahoo! Inc. common stockholders—diluted . . . $ 597,595 $1,228,641 $1,046,115
Denominator:
Denominator for basic calculation ............................ 1,397,652 1,354,118 1,274,240
Weighted average effect of Yahoo! Inc. dilutive securities:
Restricted stock and restricted stock units .................. 10,371 5,169 5,347
Stock options and employee stock purchase plan ............ 7,635 5,325 2,695
Denominator for diluted calculation ........................... 1,415,658 1,364,612 1,282,282
Net income attributable to Yahoo! Inc. common stockholders per
share—diluted .......................................... $ 0.42 $ 0.90 $ 0.82
Note 3 A
CQUISITIONS
The following table summarizes significant acquisitions (including business combinations and asset acquisitions)
completed during the three years ended December 31, 2011 (in millions):
Purchase
Price Goodwill
Amortizable
Intangibles
2009
Maktoob .................................................... $164 $141 $19
Other acquisitions ............................................. $ 30 $ 16 $16
2010
All acquisitions ............................................... $159 $105 $50
2011
interclick .................................................... $259 $171 $79
Other acquisitions ............................................. $ 72 $ 49 $26
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